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Get to know National Asset Reconstruction Co Ltd (NARCL)

National Asset Reconstruction Company Limited (NARCL) was established as a strategic initiative by the Government of India and major public and private sector banks. Incorporated in July 2021, its primary mission is to clean up the balance sheets of commercial banks by acquiring their large, legacy stressed assets (NPAs) of over ₹500 crore each. NARCL works in tandem with the India Debt Resolution Company Ltd (IDRCL) to manage and resolve these assets, aiming to maximize value recovery through a coordinated approach. This structure is designed to aggregate and consolidate stressed debt, leading to a more efficient and faster resolution process for the benefit of the entire financial ecosystem.

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National Asset Reconstruction Co Ltd (NARCL)

India

Founded in

2021 (5 Years)

Founded

Last online: No recent activity

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

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A Grade License

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B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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